The NASDAQ-one hundred was initially calculated in January 31 of 1985 by NASDAQ and It's a modified capitalization-weighted index. This index has actually been of good reference to traders that need to know how the inventory industry is undertaking with out fiscal products and services businesses, this provided this site that the index excludes economical businesses.

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Nasdaq was launched once the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not outlined on an exchange. The end result was the 1st Digital trading method. Nasdaq opened for business in 1971.